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PG&E Faces $1B Indictment In Pipeline Blast Case

A California federal grand jury hit Pacific Gas & Electric Co. with a superseding indictment Tuesday over its role in the fatal 2010 San Bruno natural gas explosion, tacking on 16 new criminal counts, including obstruction, and pegging potential penalties at up to $1.1 billion.

  • Proskauer Rose Dodges Stanford Receiver's Malpractice Suit

    A District of Columbia federal judge has thrown out a lawsuit filed by convicted Ponzi schemer R. Allen Stanford's receiver against Proskauer Rose LLP, finding that shuttling the malpractice case back to Texas federal court, from where it was remanded in December, would not be in the interest of justice.

  • McDonald's Can Be 'Joint Employer' With Franchisees: NLRB

    The National Labor Relations Board has notified McDonald's Corp. that it may face unfair labor practices allegations as the “joint employer” of workers at franchised restaurants, the fast-food giant said Tuesday.

  • DC Circ. Rejects ACA Origination Clause Challenge

    The D.C. Circuit on Tuesday upheld a lower court ruling that dismissed an Iowa man’s challenge to the Affordable Care Act, saying that because the law’s revenue-raising aspect isn't its primary purpose, it is not subject to the U.S. Constitution's Origination Clause.

  • Google Settles Dispute Over 'Glass' Trademarks

    Google Inc. has resolved a dispute with two companies that stood in the tech giant's path to registering trademarks for its much-discussed Google Glass wearable technology, according to U.S. Patent and Trademark Office records.

  • UBS, Deutsche Bank Latest Targets In Dark Pool Inquiries

    When announcing quarterly results Tuesday, two of Europe’s biggest banks revealed that they are cooperating with U.S. regulators in an investigation of their so-called dark pool and high-frequency trading units — two hot spots for regulators in recent months.